Mart Resources, Inc. (TSXV:MMT) and SunTrust Oil Company updated on the operational activities on the Umusadege field, onshore Nigeria.
Continue reading "Mart Resources: Operational Activities on Umusadege Field"
Tuesday, January 31, 2012
Bloomberg reported that oil futures gained 1.9 percent as Greece expressed that debt resolving talks hare moving towards positive direction.
Continue reading "Oil Gains 1.9 Percent on Europe Optimism"
Monday, January 30, 2012
TransGlobe Energy Corporation (TSX:TGL,NASDAQ:TGA) announced its 2012 first quarter production and operational update.
Continue reading "TransGlobe Energy Q1 2012 Update"
Monday, January 30, 2012
Reuters Africa reported that Sudan has set free four tankers loaded with South Sudanese oil.
Continue reading "Sudan Frees Four South Sudanese Oil Tankers"
Monday, January 30, 2012
Bloomberg reported that oil inched down 0.9 percent on concern that EU leaders may not be successful in resolving the debt crisis.
Continue reading "Oil Drops 0.9 Percent on Concern EU Debt Talks May Fail"
Monday, January 30, 2012
Reuters reported that according to Saudi Arabia's Oil Minister Ali al-Naimi, Saudi Arabia has the potential to fulfill any future world oil shortages since its gas output are rising.
Continue reading "Saudi Arabia Reports It Can Fulfill Any Oil Shortages"
Friday, January 27, 2012
Canacol Energy Ltd. (TSX:CNE) has updated on its drilling program at Rancho Hermoso Field in the Llanos Basin of Colombia.
Continue reading "Canacol Energy Updates on Drilling at Rancho Hermoso Field"
Friday, January 27, 2012
Reuters reported that oil prices inched up 70 cents over Iran's forthcoming parliament vote on stopping exports to the European Union.
Continue reading "Oil Rose 70 Cents on Iran’s Decision to Stop Supply to EU"
Friday, January 27, 2012
Reuters reported that Chevron Corp. (NYSE:CVX) has announced a lower quarterly earning due to losses at its U.S. refinery business.
Continue reading "Chevron Corp. Announces a Lower Quarterly Earning of $5.1 Billion"
Thursday, January 26, 2012
Arcan Resources Ltd. (TSXV:ARN) reported 2011 production of over 6,000 barrels of oil equivalent per day.
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Tuesday, January 31, 2012